Full-Time
Vice President
Production Services Application Support, Tech - Production Services, US_00381_PERSHING LLC_BU
Posted on 9/10/2025
The Bank of New York Mellon
10,001+ employees
Global financial services with asset management
Compensation Overview
$83k - $160k/yr
New York, NY, USA
Hybrid
 IT & Security (1) |
|---|
- Bachelor's degree in computer science or a related discipline, or equivalent work experience required.
- 8-10 years of diverse experience in multiple areas of information technology required.
- Hands on experience in providing application support (L1/L2 level support).
- Programming Language – C#, JAVA, Python. Focus on maintaining programs and analyzing current processing for help desk inquiries as well as determining issue fixes.
- Database: Oracle & MS SQL
- UI: JavaScript, CSS, HTML, Angular
- Cloud: AWS
- Big Data: Apache Hadoop
- Operating System: Linux and Windows server
- Database: Oracle, MS SQL
- SCHEDULER: Control-M
- MIDDLEWARE: MQ SERIES & Kafka
- Source Code Repository: GIT Source
- File Transfer: FTP, sFTP, Connect:Direct (formerly NDM), WinSCP
- Monitoring Tool: AppDynamics, Splunk, Moogsoft, Cloudprober, Prometheus, ThousandEyes
- Office workflow automation: Service NOW
- Methodology: Agile and Scrum framework
- Experienced IT professional with proven record of Application monitoring, support, troubleshooting, and post-implementation review
- Respond to, diagnose, and resolve service disruptions
- Work closely with developers on continuous integration / continuous delivery solutions
- Conduct root cause analysis for complex production issues
- Should be willing to work evenings and weekends
- Monitor and review the incoming alerts from automated monitoring systems or applications and work on resolution.
- Respond to helpdesk queries and ensure that all service requests are addressed and resolved within SLAs.
- Participate in PTO CAB meetings and review the changes.
- Maintain the run books, SLA, Application recovery documents up to date.
- Follow the standard procedure to escalate incidents to the appropriate teams for resolution.
- Lead investigations, resolutions, root cause analysis for incidents/problems and engage the required groups including Infrastructure Support and Application Development teams (as needed).
- Identify new opportunities to streamline and improve recovery solutions.
- Identify repeatable manual tasks and lead efforts to automate.
- Support regulatory compliance or audit support activities as needed.
- Participated in Disaster recovery / Data Center Rotation activity as per the schedule
- Provide knowledge and training to new support personnel.
- Advanced degree is beneficial.
- Experience in the securities or financial services industry is a plus.
BNY Mellon combines traditional asset management, custody, and investment services with digital capabilities. It is building a multi-asset digital platform that links cryptocurrencies and tokenized securities with conventional financial systems, serving individuals, corporations, and institutional clients. Pershing X expands digital capabilities to improve client experiences; the firm earns fees, commissions, and interest income. By integrating ESG factors and partnering with Citi and Verizon, it aims to connect digital innovation with secure, scalable financial services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Town of East Hampton, New York
Founded
1784
Simplify's Take
What believers are saying
- Digital asset custody expands across regulated markets like the UAE.
- AI tools accelerate onboarding, servicing, and settlement inquiries.
- Snapdocs automation lowers mortgage collateral costs and extends eCustody.
What critics are saying
- Regulatory tightening can stall digital-asset custody expansion quickly.
- AI spending fails without measurable fee or cost improvements.
- Higher risk-weighted assets constrain CET1 and buyback flexibility.
What makes The Bank of New York Mellon unique
- BNY is the first U.S. G-SIB offering digital asset custody.
- BNY positions itself as an enabler, not a stablecoin issuer.
- BNY spends nearly $4 billion annually on technology.
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Benefits
Health Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Flexible Work Hours
Remote Work Options
Company News
The Bank of New York Mellon has acquired an additional 101,810 shares of Strategy for approximately $18.7 million, bringing its total holdings to one million shares valued at around $187.2 million at current market prices. The institution, which manages approximately $2.1 trillion in assets, joins a growing number of large organisations establishing significant positions in Strategy as a means of gaining Bitcoin exposure.
The Bank of New York Mellon is expected to report quarterly earnings of $1.93 per share, up 22.2% year-over-year, with revenues forecast at $5.15 billion, a 7.5% increase. The consensus EPS estimate has been revised down 0.5% over the past 30 days. Analysts project total interest-earning assets at $390.81 billion, compared to $354.69 billion last year. Book value per share is expected to reach $58.50, up from $52.82 previously. The Tier 1 capital ratio is forecast at 15.4%, versus 14.7% a year ago. Net interest revenue is projected at $1.32 billion, compared to $1.16 billion in the prior-year quarter. Nonperforming assets are expected to decline to $191.31 million from $213 million last year.
Bank of New York Mellon has partnered with Singapore Gulf Bank, adding the firm to its correspondent banking network and providing access to its Fixed Income Brokerage platform. The deal enables SGB's crypto-native clients to access 24/7 US dollar clearing, money market funds and Treasury bills, bridging digital assets with traditional fixed income. The partnership highlights BNY's growing role in tokenised finance infrastructure, following the bank's recent Digital Asset Summit appearance where its CEO outlined positioning around tokenisation and digital custody. However, analysts view the development as incremental rather than a major near-term catalyst. BNY's narrative projects $23.2 billion revenue and $6.4 billion earnings by 2029, requiring 5% annual revenue growth. Fair value estimates range from $118.67 to $133.83 per share.
Strategy has purchased approximately $330 million worth of Bitcoin between 1 April and 5 April, the company disclosed, even as it reported a $14.5 billion unrealised loss in the first quarter due to Bitcoin's price decline. Bank of New York Mellon has been designated by the US Department of the Treasury as a financial agent for the Trump Accounts programme for newborns. BNY Mellon has partnered with Robinhood, which will serve as brokerage and initial trustee for the accounts. US stocks climbed on Monday as oil prices dropped amid cautious optimism for de-escalation in Middle East hostilities. Iran and the US have reportedly received a Pakistan-prepared plan for ending attacks, according to Reuters.
The US Department of the Treasury has named BNY Mellon as the official financial agent for its Trump Accounts programme, with Robinhood joining as a key partner. BNY Mellon will manage initial accounts and help develop a dedicated mobile application for families to access funds. Robinhood will provide brokerage services and act as initial trustee for the accounts. The secure, white-label platform will remain under full government control whilst emphasising usability and security for first-time users. The initiative aims to expand access to structured savings and investment accounts for younger Americans as part of broader financial inclusion efforts. The Treasury will maintain strict oversight, including performance standards and regulatory compliance. Details on eligibility and funding mechanisms are still emerging.